
Originally Posted by
redhorse1L
Buy lots of Lots!
2nd hand cars, sige ka-guba.. sige ka bayad mekaniko ug parts. palit gasolina.
palit ka balay 1M,
@5k per month for 25 years.. that will be 5,000 x 12 x 25 = 1.5M + downpayment nimo.. DAKO INTEREST!
Dali pa kaayo maguba, kung makasilingan ug saba kaayo, magmahay na.
Better apartment nga strategic location, duol trabaho/skwelahan and accessible.
If dili ka ka-uyon sa silingan, sayon ra mo-balhin.
After 10 years, tukod ug balay sa imong gipalit nga lot. better quality kaysa housing nga pinadagan ra pag-buhat.
And by the way, do you really need to buy car? Check this out.
http://www.facebook.com/photo.php?v=...type=2&theater
That's in NYC ... you don't need a car in NYC. Even our Mayor (who's a Billionaire) takes the subway to work.
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Sa pinas a house should be ideal to invest on first. Vehicles are a losing investment except if you're trying to restore a vintage/collectible. Sa Pinas, most places are accessible via public transportation so having a vehicle is mostly a convenience.